Yes, but only for purposes of demonstrating that they’re magical. Like, Einstein famously imagined riding along a beam of light at the same speed… only to conclude that it was impossible to do so, because it led to absurdities.
Thought experiments also quite frequently posit very extreme situations, far too extreme to ever be practical, but which still follow the laws of physics as we know them. That’s fine, but it’s not magical.
We don’t need magical materials. We need carbon nanofiber. Which is something that we can produce right now. What we can’t do right now is produce it in sufficient quantities (not by many orders of magnitude). But what gives me hope for a space elevator in my lifetime is that that stuff’s enormously practical. We won’t develop a carbon nanofiber industry for building the space elevator… but we will develop it for golf clubs and fishing line and skyscrapers and suspension bridges. And then once we have the industry and carbon fiber becomes an off-the-shelf commodity, then we can build a space elevator.